The Kolkata bench of the National Company Law Tribunal (NCLT) on Friday kept the issue of exclusion of requisite number of days from the mandated
Month: May 2018
No consensus on GST concession for digital payments – Business Line–12.05.2018
The Group of State Finance Ministers, which met here on Friday to decide on providing a 2 percentage point concession in the GST rate for
GST–Keep it good and simple – Business Line–12.05.2018
When the Goods and Services Tax was introduced on July 1, 2017, 16 cesses were abolished, to make the new tax structure cleaner. Prime Minister
SC gives IBC process a boost on loan waivers – The Financial Express–11.05.2018
Given how a large part of the government’s plan to revive investments is predicated on a successful conclusion of the insolvency process under the Insolvency
SC decision gives IBC process a fillip – The Financial Express–11.05.2018
The recent Supreme Court decision holding that the waiver of loan is not income in the hands of the borrower could not have come at
Binani Cement Insolvency: SC rejects Dalmia plea for stay on NCLAT order – The Financial Express–11.05.2018
The NCLAT’s interim order had stated that during the pendency of Dalmia Bharat’s appeal, the CoC can approve any plan it deems fit but that
NCLT reserves judgment on Monnet Ispat resolution plan – The Financial Express–11.05.2018
The Mumbai bench of the National Company Law Tribunal (NCLT) reserved its judgment on JSW Steel-Aion Investment’s resolution plan for Monnet Ispat after legal counsels
Binani sale: SC won’t interfere, pushes Dalmia Bharat’s plea back to NCLAT | Business Standard News–11.05.2018
The Supreme Court on Thursday showed for the second time its disinclination to intervene in the Binani Cement takeover case. Although it disposed of the plea by Dalmia
Banks bat for ‘Swiss Challenge’ method in IBC resolution cases ; Business Line–11.05.2018
In an effort to curb the crab mentality among litigious bidders to acquire stressed assets under the Insolvency and Bankruptcy Code (IBC), banks, in a
Even kin of independent directors should not have financial links with firms, promoters: Govt – Business Line–11.05.2018
In a bid to step up corporate governance practices, the government has tightened norms for independent directors so as to ensure that even their relatives
GSTR1, e-way bills data to be matched to curb tax evasion – Business Line–11.05.2018
To curb tax evasion, authorities will start matching details given in the Goods and Services Tax Return (GSTR) Form Number 1 with those given in
Essar Steel insolvency case: Numetal moves NCLAT against CoC | The Indian Express–11.05.2018
Apart from Numetal’s two petitions, ArcelorMittal too had moved NCLAT earlier challenging the decision of the RP and CoC that cancelled its first bid. Numetal
Online retail flip: on the Walmart-Flipkart deal – The Hindu–11.05.2018
India’s e-commerce market, which accounts for less than a tenth of its overall retail opportunity, has just got a significant thumbs-up from American supermarket giant
| वॉलमार्टचा प्रवेश – महाराष्ट्र टाइम्स –11.05.2018
भारतात जन्म झालेल्या फ्लिफकार्ट या कंपनीचा ७७ टक्के हिस्सा विकत घेऊन अमेरिकेतील ‘वॉलमार्ट’ने भारताच्या बाजारपेठेत प्रवेश केला आहे. वॉलमार्ट आणि फ्लिफकार्ट यांच्यातील व्यवहार हा भारतीय
Bankers converting entire unsustainable debt portion into equity in bankruptcy referred companies–Business Today–10.05.2018
Kolkata-based Electrosteel Steels Limited, with debt of Rs 14,000 crore plus, recently became the first company from the dozen large distressed cases shortlisted by the
Rupee continues its free fall against US dollar: Should India be worried?–Business Today–10.05.2018
After breaching the 67-mark against the US dollar on Monday, the Indian rupee slipped by 7 paise to trade at 67.20 against the USD. The
Exporters demand GSTN, NSDL online linkage for GST refunds–Business Today–10.05.2018
The Export Promotion Council for EOUs & SEZs, has sought a linkage between the Goods and Services Tax Network (GSTN) portal and the NSDL portal,
Will employee reimbursements attract GST?- Business News–Business Today–10.05.2018
The introduction of the GST has been the source of confusion over taxes in many different sectors, but salaried employees have largely remained unaffected. However,
RERA needs better implementation | Deccan Herald–10.05.2018
Two years after the Real Estate (Regulation and Development) Act, 2016, was notified by the Centre and one year after it actually came into force,
Jaypee group deposits Rs 100 crore with Supreme Court’s Registry–Deccan Chronicle–10.05.2018
Crisis-hit Jaiprakash Associates has deposited Rs 100 crore in the Supreme Court’s Registry as per the court’s directions in a case related to delay in
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